Here’s a fun cold fact$SPCX : it fell from 225 to 111, dropping 51%.

The total evaporated market cap has already reached: $1.5 trillion.
And this evaporated market cap = Tesla’s total market cap ($1.2 trillion).
That means, in just over a month,
SPCX lost the entire market value of a new-energy vehicle company that was founded 23 years ago.
From its founding to building cars took 18 years—Tesla produced more than 9 million vehicles.
With achievements like this, it’s still not “hot”—the amount of money lost by a “rocket” in just over a month.
If later Tesla and spcx merge, then you’re in for it.
Basically, it’s one company crazily siphoning blood from the other#SpaceX .